Europe news & analysis

29 June 2022
B&M has provided a trading update for the 13 weeks between 27 March and 25 June reporting that group revenues fell 2.2%, on a constant currency basis, to £1.16 bn. Like-for-like sales in the retailer’s core UK B&M estate fell 9.1% as it had to contend with challenging comparatives versus 2021 and poor weather in 2022. April proved to be an anomaly in B&M UK’s performance In the core B&M UK ...
27 June 2022
Italy’s market leader Conad has announced its 2021 results, its total network achieved a turnover of €17 bn an increase of 6.5% compared to 2020. Conad claims its market share has consolidated over the last 12 months, reaching 15.07%. Conad plans to continue to invest €1.8 bn for its three-year investment plan (2021-2023) to modernise its sales network, which focuses on shopper needs, sustaina...
23 June 2022
Flash delivery service Gorilla plans to exit Belgium, as Colruyt starts trialling its home delivery service and Amazon sets up to enter the market. Separately, Delhaize reveals its reducing is private label prices by up to 30% and Russian discounter Mere faces challenges in the market.      Gorilla exits from the market Recently Gorilla the German flash delivery service confirmed they plan ...
23 June 2022
The newly published annual report for 2021 saw a 2.9% increase in sales on the previous year, with an annual turnover of €62.7bn. Edeka remains the market leader in Germany with an impressive 29.8% market share.. CEO promises large investments for 2022 Markus Mosa, Edeka’s Chairman of the board and CEO talked about the possibility of acquiring a further 80 new locations for its discount ret...
23 June 2022
In the UK, Amazon has opened its first Fresh store outside of London featuring its Just Walk Out technology. The retailer also announced Doug Herrington will take on the role of CEO of Worldwide Amazon Stores following Dave Clark’s departure. 19 th Amazon Fresh store in the UK Amazon has opened its 19 th Amazon Fresh store in the UK in Sevenoaks, Kent. It is the first store to launch o...
22 June 2022
As Auchan Hungary and Portugal focus on sustainability initiatives, Auchan Romania focuses on its new MyAuchan shopping experience at petrol stations. Auchan Portugal improves private label packaging   Auchan claims in 2021 it reached its target of using 90% of reusable, recyclable/ compostable on private label packaging and developed 10 eco-design projects for product packaging. Auchan ...
20 June 2022
Amazon is set to launch in Belgium in September, as reported by Business Insider. Set to launch by September According to leaked documents, Amazon will launch in Belgium in late September 2022. It also plans to launch in four other markets by early next year: Chile, Colombia, Nigeria and South Africa. Amazon will launch its marketplace in Belgium, with Amazon’s Prime membership scheme ex...
20 June 2022
Following Tesco discussing shifts in shopper spending in its Q1 results , we look at two promotional and value-focused campaigns in the UK. Sainsbury’s adds further products to Aldi price match programme Sainsbury’s has expanded the number of products covered by its Aldi price match programme. The company said it had extended the scheme to cover its top 20 highest volume items, which wil...
17 June 2022
Carrefour operates over 13,000 stores in nine different markets. The Carrefour group continues to expand its operations and partners to provide quick commerce and food delivery services. Carrefour Brazil revealed it completed the acquisition of Grupo Big in Brazil. Meanwhile, Europe’s leading q-commerce Flink SE purchased Cajoo, who partners with Carrefour to supply its private label and other ex...
16 June 2022
Spain’s market leader and one of Europe’s most admired retailers, Mercadona is increasing its commitment to its markets Spain and Portugal. We have identified five ways it continues to develop to stay ahead of the competition. 1. Mercadona betting big on its online expansion plan Although online has been a lower priority for the retailer over the past decade, like many retailers the pandemi...